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Nadita File – 11/11/2014

 

Good evening everyone, thanks for watching Nadita File where the spin starts here J

 

Happy Veterans Day! to all our servicemen and women who have served and are serving the armed forces.  May God bless you and keep you safe J_

 

Ebola Crisis : Thriver is happy to hear the last person known to have Ebola in the US is released from a NYC hospital.  Dr. Craig Spencer contracted Ebola while volunteering in Guinea with “Doctors Without Borders”.  He was  diagnosed October 23rd after returning home.  Hopefully this is the end of Ebola in US soil.

 

Fighting ISIS : A-J516 reported State Media say Iraqi troops have recaptured the center of an oil refinery town from ISIS.  Beiji located 155 miles north of Baghdad, is home to the country’s largest oil refinery.  ISIS derives a key source of income from its oil fields.  Iraqi media is also saying the army has reclaimed Beiji’s government and police headquarters.  The US has deployed 50 troops to an air base in Iraq’s troubled Anbar province to help in the fight against ISIS.  The Pentagon says the troops will examine site facilities and prepare support for Iraqi forces.  It’s the first deployment of US troops to Anbar since US airstrikes against ISIS began in August. 

 

Suicide car bomber rams his explosive laden vehicle into a military outpost north of Baghdad, killing seven and wounding 13.  Those killed include the post’s commander, a major and two other officers.  No one has claimed responsibility, but the attack bears hallmarks of ISIS.

 

Other News : Captl1 thinks it’s about time Europe is marking Armistice day with ceremonies and moments of silence as France opens an international memorial on a former WWI battlefield, ring of memory on the old battlefield of Notre Dame de lorette in northern France, carries the names of 600,000 soldiers who died in the region during the war.  2014 marks the 100th anniversary of the start of WWI, and Tuesday marks the 96th of the Armistice that ended the war on November 11, 1918. 

 

In the US, VP Joe Biden spoke at Arlington National Cemetary in honor of Veterans Day and laid a wreath at the tomb of the unknowns.  There will also be a tribute concert at the National Mall in DC Tuesday night. 

 

Chess is in Beijing covering the Asia Pacific Business Meeting.  Asia Pacific leaders meeting in China have agreed to move toward a new free trade zone strongly backed by Beijing.  Chinese pres Xi Jin Ping, who has urged Asia Pacific nations to accelerate economic ties, described the endorsement of the pact as a historic decision.  The US is currently negotiating a separate trans pacific partnership, considered part of DC’s pivot toward Asia, and would ensure continued US influence in the region.  Pres. Obama is in china this week and will hold in depth talks with Xi Wednesday. 

 

Rodandstaff prays hard for deal to be reached for Iran nuclear talk.  SR Iranian negotiator says little progress has been made in nuclear talks with the west.  Secy Kerry, EU adviser Catherine Ashton and Iranian FM Javad Zarif failed to make major headway in two days of talks in Oman.  US State of Dept officials describe the weekend meetings as tough, direct and serious.  Other world powers will join a final round of talks next week in Vienna with the hope of reaching a deal before negotiations are set to expire on November 24th.

 

Viciousdoggie wonders if she has time to mediate between he said, she said which starts again between Palestine and Israel.  Palestinian Pres Mahmoud Abbas accusing Israel of igniting a religious war by allowing Jewish worshippers to visit a contested holy site in Jerusalem.  Abbas says the visits are provocative, and that Palestinians will defend the site, revered by Jews as the Temple Mound and by muslims as the noble sanctuary.  Remarks come amid clashes between Palestinian demonstrators and Israeli police in the West Bank.  Israeli PM Benjamin Netanyahu says he will take a heavy hand against recent wave of Palestinian violence.  On a nationwide address, Netanyahu blames Palestinian Pres. Mahmoud Abbas for inciting the unrest, adding that Abbas is not a partner for peace.  Earlier today,  Abbas accused Israel of leading the region toward a religious war.

 

Boosterbglee hopes the robot will stick to comet as final countdown approaching for the European space agency’s attempt to land a robot on a comet.  The maneuver marks the climax of the unmanned Rosetta space robotic to study a comet.  If successful, Rosetta will be the first ever mission to land a space probe on a comet.  Scientists hope that the data collected will provide insights into the origins of comets and other objects in the universe.

 

Genx4me bundles up today as unseasonably cold temps and snow strike the upper Midwest and the rockies.  Forecasters predict up to 16 inches of accumulating snow for parts of northern WI Tuesday, and up to 2 feet is expected in MI’s upper peninsula by Wednesday.  The snow will be followed by some very cold air, with the Midwest and the east expecting temps as much as 40 degrees below average as the week progresses.  The weather system is left over from a storm that hit AK with hurricane force winds over the weekend. 

 

Dow traded flat today, gaining only 1 point.  Market is still nervous and does not know which direction it’s going to go.  Gold closed at $1,163, silver at $15.70, copper at $3.03.  Crude oil closed at $77.56.  Oil is still under pressure.  Natural gas closed at $4.21, even though the cold temperature is sweeping the upper Midwest.

 

Jetpilotjim is doing happy dance to hear Comcast (CMCSA) has hired 3,000 veterans as part of US Chamber of Commerce foundation’s “Hiring Our Heroes” initiative.  The stock closed at $52.96.

 

Fed judge says Apple must face a lawsuit claiming it failed to tell consumers its text messaging system would block them from receiving texts if they switched to android based smartphones.  Judge says the plaintiff deserves a chance to show that the message blocking interfered with her Verizon wireless contract and violated CA’s unfair competition law.  The plaintiff is seeking class action status and unspecified damages.  Apple stock is steady at trading, closing at $109.70.

 

Ford’s (F) aluminum pickup F-series Job 1 are headed to showroom next month.  It has all aluminum panels, 700 lbs lighter than regular F-150 trucks and greater fuel efficiency with 30 MPG. The stock closed at $14.37, gained 2.64% today.  Idplzr is going to order one fresh from the factory next month.

 

Market vectors china (PEK) bonds opens to the public for first time.  With China development rapidly and the link between Shanghai Stock Exchange and Hong Kong Stock exchange, China is ready to sell their bonds to the public.  The stock closed today at $34.43.

 

Alibaba tops US black Friday on their Singles day sale topping $9.3B in 24 hours.  Jack Ma, a school teacher was interviewed today by CNBC.  He said he is always a teacher and as a teacher, he expects his students to be better than him.  He added whenever he spends time with his team, business is good and everything is good.  If he is thinking of making money, everyone is out of sync.  He further added his shareholders have to understand that Alibaba has strange and unique approach of business, focusing on customers and helping small businesses.  He said besides trust being a key to his success, having same value and vision are also the core of his business.  Alibaba trusts his people and young generation that change the company with new technology.  He added when you are working with smart people, you need to be transparent.  He said being rich has its own responsibility and he said he would be happy to get 5 days just to sleep.  The stock down 3.87% at trading today, closing at $114.54.

 

Homebuilders reported order growth in Q4 : DR Horton (DHI) – 38%, Toll Brothers (TOL) – 10%, Taylor Morrison (TMHC) – 37%.  S&P Homebuilders ETF has gained some momentum since last week.  The stock closed today at $ 32.31.  DR Horton reported excellent number, selling price is a bit higher.

 

Paying with your wrist? Bionym’s Nymi band uses biometrics to verify NFC payments and identities.  Bionym recently partnered with Master Card and RBC for Nymi pilot trial.  Nymi uses your heartbeat to work your smartphones, computer, security system , car, etc.  Just to make sure no expiration date, otherwise none will work :)

 

From Dinar Land : Sandfly confirmed that top aid to Baghdadi was killed in the airstrike in Anbar province. Baghdadi himself said to be injured after a Friday night airstrike conducted by US led coalition.   Iraq Minister of Defense stated four top ISIL terrorists were killed by Iraqi army airstrike in Diyala province.

US lead coalition has conducted 43 airstrikes in Iraq and Syria. US conducted 23 airstrikes in Syria and the coalition conducted 18 airstrikes in Iraq targeting ISIL positions and vehicles. 

 

Kurdish fighters in Kobani are fighting fiercely but neither side made any substantial advances.  They will need more airstrikes and ammunition in coming days.  Turkey still resists joining coalition even though there are tremendous pressure from US and NATO.

 

 PM Abadi said the next phase will see lifting of barriers and opening of streets and parts of the “green zone” where most ministries and US embassy are located. He also urged security forces to fight crimes such as kidnapping and theft in addition to terrorism. 

 

PM Abadi also expressed his hopes that World Bank will play a major role in helping Iraq to transition to private sectors.  World Bank representatives reaffirmed their support of Iraq’s development programs and their backing of Iraq’s privatization.  They all expressed their confidence that Iraq will continue to grow and develop its human and natural resources.

 

Operations at Iraq’s largest oil field, Rumaila is run by BP and Chinese giant CNPC to develop the field remain unaffected by the sliding oil price or ISIL.  Both companies operate on investment basis and aim to produce 2.1M bpd within ten years.  Iraq’s oil production is estimated to reach 8.5M bpd by 2020.  The sliding oil prices and fighting ISIS will put Iraq in the red this year and next year.  The budget deficit will be countered by measures under consideration in cooperation with World Bank and other countries. 

 

The new director general of Arab Women Organization said that she will submit a complaint about crimes committed by ISIS against women in Iraq.  The crimes include enslavement, murder and rape of women and girls as young as eight years old.

 

Ministry of planning has spent billions of dinar on projects that will benefit Iraqi marshland area which includes rich agricultural land that stretches over the provinces of Basra, Misan and Thi Qar.

 

Majority of politicians now agree that the deletion of zero project has more benefits than previously thought and want to urge the governor of Central Bank to prepare the implementation without any further delays.

 

From Rumor Land : Pepperoni on pizza believes World Bank will be by Iraq’s side as Iraq in the process of privatization.  TerryK still believes the train will come to the station on Wednesday.  TD thinks it will still take a while before dinar could revalue.  DM thinks the monetary value will not change but rather we get smaller bills for large bill.  BGG thinks the only thing we need is the new rate.  Exogen reads ISX announced its success to go live on Xstream trading technology.  Tim724 thinks the census plays a major role in distribution of funds to Iraqi people before the profits of HCL law can be distributed.

                                                                                                                           
The spin stops here J send your comments to #naditafile,  Dinar Thug is next, good night everyone J

Edited by Nadita
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THANK YOU again...Nadita!

 

 

So, our glorious Prez once again shows his ignorance and disrespect by chewing gum,

the whole time while being greeted in China!.......... :facepalm3:

 

Chess,

 

What can we say..? java cup and now gum.. next.. beer in the hand lol

Thanks for the great summation as always Nadita.

 

Kevin,

 

You are welcome :)

Thanks Nadita!!  I don't know how you do it and do it so well... Amazes me every time!! and now officially the only news reporting source I go to in this country :D

 

Rayzur,

 

Hahaha.. you are exaggerating :) 

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